A Multiple Regression Analysis Produced the Following Output from Minitab

question 43

Multiple Choice

A multiple regression analysis produced the following output from Minitab. Regression Analysis: Y versus x₁ and x₂

S = 0.179449 R-Sq = 89.0% R-Sq(adj) = 87.8%
Analysis of Variance

These results indicate that ____________.

• A) none of the predictor variables are significant at the 5% level
• B) each predictor variable is significant at the 5% level
• C) x1 is the only predictor variable significant at the 5% level
• D) x2 is the only predictor variable significant at the 5% level
• E) at least one of the variable is significant at 5% level

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Definitions:

Permanent/Temporary

Refers to the classification of accounts based on their longevity; permanent accounts are not closed at the end of the accounting period, while temporary accounts are.

Net Sales

Total sales revenue less returns, allowances, and discounts.

Percentage Increase

A measure of the degree to which a quantity has grown compared to its previous value, expressed as a percentage.